Legg Mason (Ireland) Probability of Target Price Finishing Over

    IE00B23Z9C05 -- Ireland Fund  

    USD 127.97  1.04  0.81%

    Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason BW Glb Fxd Inc LM Acc performance during a given time horizon utilizing its historical volatility. Please specify Legg Mason time horizon, a valid symbol (red box) and a target price (blue box) you would like Legg Mason odds to be computed. Please also check Risk vs Return Analysis.
     Time Horizon     30 Days    Login   to change
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    Legg Mason Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     127.97 30 days 127.97  NEAR 1%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is near 1% (This Legg Mason BW Glb Fxd Inc LM Acc probability density function shows the probability of Legg Mason Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Legg Mason has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Legg Mason are completely uncorrelated. Additionally Legg Mason BW Glb Fxd Inc LM AccIt does not look like Legg Mason alpha can have any bearing on the equity current valuation.
     Legg Mason Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =26.70
    Ir
    Information ratio =0.00

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions
    The fund retains about 53.73% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.